China Exported 63,000 Units Buses and Coaches in 2019

Summarize：According to China’s Association of Automobile Manufacturers (CAAM), China exported 1.024 million units automobiles in 2019, down by 1.6% year on year.

In 2019, China’s export volume of buses & coaches approached 63,000 units, up by 12.0% year on year.

Table 1 Bus & Coach Exports from 2015 to 2019

2015

2016

2017

2018

2019

Export volume

62,000

59,000

57,000

56,100

63,000

Growth rate

-31.0%

-4.8%

-3.5%

-1.57%

12.0%

In 2019, the total export volume of buses accounted for 13.3% of total sales volume of buses, 1.7 percentage points higher than that in the previous year. In addition, the growth rate of bus exports is 14.3 percentage points higher than that of bus sales in China.

Table 2 Export Volume of Large-, Medium-, and Small Buses in 2019

Large buses

Medium buses

Small buses

Total

Export volume

18,000

6,000

39,000

63,000

Growth rate

13.6%

22.0%

9.35%

12.0%

Composition

28.57%

9.52%

61.9%

100.0%

Table 3 Sales Revenue of New Energy Buses in the Overseas Market

Electric buses

Hybrid buses

New Energy buses

2019

361,101,000 USD

23,080,000 USD

384,181,000 USD

2018

165,491,000 USD

7,773,000 USD

173,264,000 USD

Table 4 Export Volume of New Energy Buses in the Overseas Market

Electric buses

Hybrid buses

New Energy buses

2019

1,500

150

1,650

2018

706

80

786

In recent years, China’s new energy buses have successfully made their way to Israel, Netherlands, South Korea, France, Britain, Spain, Japan, India, Argentina, etc. As of 2019, BYD made up over 20% of new energy bus market in Europe, ranking the first place. In addition, the exports of buses in Asia, Africa and Latin America accounted for 90% of the total export volume. The sales revenue in the three continents made up 88.7% of the total sales revenue in the overseas market.